 |  | Smith & Wesson chairman had the wrong kind of experience
James Joseph Minder was forced to step down as chairman of gun manufacturer Smith & Wesson after it was discovered that he had the wrong kind of experience with firearms. Minder was convicted of armed robbery for a string of armed robberies in Michigan and spent 15 years in prison. He came under intense pressure to resign by critics that felt a convicted armed robber should not be allowed to own a handgun much less chair a gun manufacturer's board of directors. By most accounts he led an exemplary life after being released from prison in 1969 and even started a non-profit organization that worked with at-risk youth, developmentally disabled adults and parents wishing to adopt foster children. Minder will remain on the board of directors of Smith & Wesson.
Bank CEO forced to resign after porn files found on his computer
Bank of Ireland CEO Michael Soden resigned after porn files were discovered on his computer. In a statement, Soden admitted that "This arises from access by me on my PC to internet sites that contain content that infringed the (bank's) policy on these matters. The content accessed was not illegal but did contain links to material of an adult nature." Shortly after taking the job, he had outsourced the bank's IT services to Hewlett-Packard. Former employees of the bank, now HP employees discovered the files during an audit of his computer. |
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